Rent­ing at pen­sion age

Evening Telegraph (First Edition) - - Uk World Today -

UP to half of the mil­len­nial gen­er­a­tion could still be rent­ing in their 40s and a third could be “re­tiree renters”, a re­port warns.

The Res­o­lu­tion Foun­da­tion think-tank said that if home own­er­ship growth in Bri­tain fol­lows the “weak pat­tern” of the 2000s, up to half of mil­len­ni­als born be­tween 1981 and 2000 could be rent­ing ei­ther pri­vately or in the so­cial rented sec­tor in their 40s, and a third could still be rent­ing by the time they claim their pen­sions.

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